Question 4 What is the trade-off you would be making. If you have excess debt capacity, and you choose not to use it, because you want financial flexibility? b. The tradeoff will be between the loss in value associated with not being at your optimal debt ratio and the loss in value from the increased flexibility c. The tradeoff will be between the loss in value associated with not being at your optimal debt ratio and the gain in value from the increased flexibility d. None is correct a. The tradeoff will be between the pain in value associated with not being at your optimal debt ratio and the gain in value from the increased flexibility